Features News Daily TheBitTimes.com

BTCS announced on Monday that the publicly-listed company will pay shareholders a dividend of $0.05 in Ethereum (ETH). Shareholders will receive a one-time blockchain dividend christened “Bividend” by the company. In addition, BTCS will offer a one-time $0.35 per share Ethereum loyalty payment to shareholders under the condition that they move their shares to book entry with their transfer agent. Also Read: The World Is Selling the Dollar At Record Pace The total dividend from BTCS would come up to $0.40 per share in Ethereum for eligible shareholders. These payments are designed to reward shareholders for their long-term holdings and reduce the impact of short-sellers in the market. This would allow traders to hold both stocks and Ethereum cryptocurrency via the dividend from the company. BTCS To Pay Dividend to Investors in Ethereum Source: BTCS This is a first-of-a-kind offering where a publicly-listed company is offering dividends in the Ethereum cryptocurrency. BTCS is a leading ...

Join Our Telegram channel to stay up to date on breaking news coverage Digital Currency Group, one of the largest companies in the crypto industry, has suspended dividends until further notice. The company has said that the current market conditions necessitated the decision. DCG suspends dividends DCG sent out a letter to shareholders saying that the company was focused on strengthening its balance sheet by lowering expenses to sustain liquidity. One of the ways that the company planned to achieve this is by suspend ing dividend s. “DCG has been focused on strengthening our balance sheet by reducing operating expenses and preserving liquidity. As such, we have made the decision to suspend DCG’s quarterly dividend distribution until further notice ,” the company said. DCG is also considering selling some assets in its portfolio. DCG affected by Genesis woes DCG owns several crypto companies, including the troubled crypto lending platform Genesis Global Tr...